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20121201
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. >>> hello and thank you for joining us. i'm jc hayward. >>> president owe obama is heading to west virginia today to meet with a family that will feel the impact if the country goes over the fiscal cliff. groups are holding rallies on capitol hill demanding that congress and the. reach a deal. danielle nottingham has more. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you've got to nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing
>>> hello and thank you for joining us, i'm j.c. hayward. well, we are just hours away from going over the so call fiscal cliff. and the two sides are not close on a deal. if republicans and democrats cannot come to an agreement, before the midnight deadline, taxes will go up on all americans beginning tomorrow. and economists believe that we will plunge into another recession. danielle nottingham has more from the white house. >> reporter: members of congress arrived at the capital to work on new year's eve to try to avoid massive tax increases and spending cuts from taking effect in just hours. >> there are a number of issues on which the two sides are still apart. but negotiations are continuing as i speak. >> reporter: sources say both sides are starting to pro mize on which families will keep bush era tax cuts. the president wand families making more than $250,000 to start paying more. democrats are reportedly negotiating to raise that limit. >> let's get this thing done. tonight when the ball drops, let's make sure we haven't also dropped the ball. >> i'm sorry that we are h
grz hello. thank you for joining us. i'm jc hayward. >>> with the fiscal deadline just three weeks away, there is some optimism that a deal is in the works. danielle nottingham reports the change in mood follows a face- to-face meeting between president obama and house speaker john boehner. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the president's latest campaign style appearance follows a weekend white house meeting with house speaker john boehner. sources tell cbs news both sides remain hopeful but little progress was made. if they can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. economists say that combination could plunge the country back into a recession. there are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. >> the rate increase on the top 2% that the president is talking about and all of
>>> hello, thank you for joining us, i'm j.c. hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull them over but the police did not pursue them. still, they kept driving down this road i mean they were zigging and zagging out of traffic. a very dangerous situation. then they started going so fast that they sped out of control and when they tried to turn here on to southern avue they crashed into a metrobus. you see that one passing right there. and it was a head-on crash. so just take a look at what it looked like. i mean, this stolen nissan maxima was completely crushed in the front. the bus fared far better but both the driver and one passenge
. >>> thanks for joining us. i'm mike hydeck in for jc hayward today. classes resumed for most of the students in newtown, connecticut for the first time since friday's massacre, except for the students at sandy hook elementary which of course was the scene of that tragedy. two more young victims are being laid to rest today. randall pinkston reports. >> reporter: a bus carrying students drove up to the high school as a grief stricken town tried to get to some routine. police were on hand to make sure everything ran smoothly. >> i wouldn't send my children to school if i had the choice right now. i wouldn't. >> i think it's important the children do go back to school. >> reporter: all schools except sandy hook elementary are open. the scene of the massacre will remain closed for months. when those children do go back, they'll attend a school in a nearby town. people lit candles to remember the lives cut short. they paid their respects at the memorials set up for the 26 victims. the grieving process continues. the families of two more children are saying a final farewell. the fa
Search Results 0 to 4 of about 5